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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Comment by Usualsuspect7on May 19, 2010 11:15pm
398 Views
Post# 17116402

RE: RE: WHAT...Frick

RE: RE: WHAT...FrickHistorically, explicable slides in share price for DDN have featured a) news to react to, and b) very big daily volume ( up to millions of shares). I see neither, so as far as I'm concerned, today is an irrelevant anomaly. Probably someone unloading for need of cash selling into a vacuum of interest in the company. Only buyers were the ones  bidding .18-.19. What does that tell us ? Probably that this was how bad the action sucked on DDN today - I'm inclined to go with the obvious explanation. Dont get me wrong, I didn't like it one bit when my TMX alert flashed news of a price drop of over 15%, but I was very reassured to see it wasn't occurring against news and trading volume was below average.  Not thrilled about the never-ending patience marathon either, but what are we gonna do ?
GLTA
US7
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